Redwood City,
Calif. – Social applications
developer RockYou announced on Monday that it has raised a new $10 million
round of funding, led by SoftBank, and the acquisition of a majority of the
shares in its joint venture, RockYou Asia.
The $10 million in new funding
follows a $50 million, fourth round the company raised in November 2009, and
brings the company’s total amount raised to date to $127 million.
Redwood City, Calif.-based RockYou counts over 280 million
monthly users worldwide for its social media applications.
"We’ve always
been very excited about the Asia market and
believe that the market for social applications will really heat up in the
coming months," said RockYou founder Jia Shen.
"With the further
alignment between RockYou and RockYou Asia we can have an increasingly
significant impact on the Asia Social Gaming market and further engage the
world through social media."
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